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Japanese shares up despite deflation

Japanese shares open higher on Friday, recovering losses after the previous session's sell-off when the market lost nearly 3%.

UK clothing prices continued to fall in August, accelerating year-on-year from July, as retailers discounted heavily in an attempt to shift stock.

Clothing price deflation in the UK continued to fall in July, accelerating year-on-year from the prior month.

Clothing price deflation in the UK continued to slow in June, new figures show, with consumer spending expected to remain "robust" over the summer.

UK clothing prices continued on their downward trajectory in May, albeit at a slower rate than the month before, according to the latest figures.

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